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Michigan Compiled Laws — RECORDING TRUST INSTRUMENT OR CERTIFICATE OF TRUST (Act 133 of 1991)

Michigan · statute · 133 of 1991, Mich. Comp. Laws · 3 active provisions

3 active provisions.

Mich. Comp. Laws § 565.431

Instrument affecting interest in real property executed pursuant to express trust; copy of operative trust instrument or certificate of trust; "trust instrument" defined.

An instrument that conveys, encumbers, or otherwise affects real property, executed pursuant to an express trust, may be accompanied by either of the following: (a) A copy of each operative trust instrument. As used in this subdivision, "trust instrument" means that term as defined in section 7103 of the estates and pr…

MichiganRECORDING TRUST INSTRUMENT OR CERTIFICATE OF TRUSTeffective
Mich. Comp. Laws § 565.435

Protection afforded party relying on information in recorded certificate of trust; further examination of trust instrument.

A purchaser or other party relying on the information included in a recorded certificate of trust under section 7913 of the estates and protected individuals code, 1998 PA 386, MCL 700.7913, has the same protection as is provided to a subsequent purchaser in good faith under section 29 of 1846 RS 65, MCL 565.29. A purc…

MichiganRECORDING TRUST INSTRUMENT OR CERTIFICATE OF TRUSTeffective